Ford Discusses Volvo Sale With Potential Buyers

Ford Discusses Volvo Sale With Potential Buyers

While Ford has officially had Volvo under strategic review since late last year, the American carmaker has yet to confirm its specific plans for the Swedish brand.

There have been numerous reports of Ford’s intent to sell to “strengthen its balance sheet” and numerous reports of possible buyers for the brand. But Ford has remained relatively tight-lipped [...]

Ford Reports 46% Sales Drop, Toyota Seeking Government Loan, Nissan Considering Similar

Ford Reports 46% Sales Drop, Toyota Seeking Government Loan, Nissan Considering Similar

While Ford Motor Company has opted to take the high road and avoid seeking government aid on the path to profitability, the immediate future is looking grim. The company today announced a 46% drop in US sales for February.

Ford is the first company to report its sales figures for February, and the numbers from its [...]

Ford US Reports Record Yearly Loss

Ford US Reports Record Yearly Loss

For the fourth quarter of 2008, Ford US has reported a net loss of USD$5.9 billion, for a grand total of USD$14.6 billion in losses for the year - the largest annual loss in the company’s history. These losses come on top of a USD$12.6 billion loss in 2006 and a smaller - but still hefty - USD$2.7 billion [...]

Ford Announces $129m Loss, Prepares To Slash Workforce By 10 Per Cent

Ford Announces $129m Loss, Prepares To Slash Workforce By 10 Per Cent

As if America’s beleaguered automakers weren’t in enough trouble. Ford has today announced a net loss of USD$129 million for the third quarter of 2008, which equates to a drop of $0.06 a share. A pre-tax operating loss of $2.7 billion for 3Q 2008 has also been announced, which is in stark contrast to [...]

Ford Considering Reducing Its Option List

Ford Considering Reducing Its Option List

For years now, car companies have looked at the options list as the place to bolster the bottom line. Margins on the car itself were cut razor thin to keep the advertised “starting from” price as low as possible. The practice here is to shave every last cent off the sticker to entice people into the showroom.

This is [...]

2009 Ford Fiesta Begins Production in Germany

2009 Ford Fiesta Begins Production in Germany

Ford has commenced production on the all-new 2009 Ford Fiesta at the Cologne assembly plant in Germany, with other Ford factories around the globe gearing up to produce the automaker’s latest small car offering.

Built off the same B-car platform that underpins the Mazda2, the seventh-generation Fiesta will spearhead Ford’s new One Ford business plan, which [...]

Ford Verve Sedan makes Detroit Auto Show appearance

Ford Verve Sedan makes Detroit Auto Show appearance

The third of Ford’s Verve Concepts has appeared at the Detroit Auto Show. First seen as a three-door hatch at the Frankfurt Motor Show in 2007 and then as a sedan later in the year at the Shanghai Motor Show, the Detroit iteration of the Verve keeps the boot but features a revised facia and [...]

Ford Explorer America concept to be unveiled in Detroit

Ford Explorer America concept to be unveiled in Detroit

Ford have released details and images of their new Explorer America concept prior to its 2008 Detroit Motor Show debut. It may be “just” a concept but this is the first real indication of where Ford’s Explorer SUV will be heading in the coming years and if the styling is anything to go by, then [...]

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